Indian lenders are poised to issue approximately $1.5 billion in foreign-currency bonds this week, driven by a new, cost-effective hedging facility. Power Finance Corp is leading the charge with a planned $500 million sale, marking a significant move for non-bank lenders. State-run Bank of Baroda and private lender Axis Bank are also set to tap dollar markets, anticipating strong investor interest in these infrequent offerings.

Major Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion from overseas markets next week. This move…

Major lenders like SBI and Axis Bank plan to raise over $2 billion overseas, leveraging RBI's 1.5% fixed-rate swap incentive to strengthen the rupee.

Barclays Plc, Citigroup Inc., JPMorgan Chase & Co. and Standard Chartered Plc are among foreign lenders to have stepped up investments, say people familiar with the matter.

Indian lenders are poised to issue approximately $1.5 billion in foreign-currency bonds this week, driven by a new, cost-effective hedging facility. Power Finance Corp is leading…

Power Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special swap arrangement. The five-year bond was…

PFC becomes the first non-bank lender to issue dollar bonds, raising $300 million under RBI's subsidised hedging facility.